Investors should be allowed to invest in all types of securities. Investors should not be discriminated against based on investment balance or net worth and should not have to pass a test to be eligible for certain investments. Brokers, such as Schwab, Fidelity, and Robinhood, and investment product providers, such as Proshares, all do a great job of informing investors of the risks associated with investment products, including stocks, options, ETFs, and leveraged ETFs. All of these types of investments should be allowed for all investors.

Pro shares already comes with several warnings as you buy the shares. If you introduce these kind of crazy measures, no one will buy in and it could likely devastate the etf.

I am opposed to any restrictions on my choices to and/or how I invest my hard earned income.
There must be freedom for all people to invest in any investment vehicle.

I believe the current requirements for self-directed investors are sufficient and there should not be more restriction on people to invest their money. I strongly oppose the limitations on my ability to buy the funds.

Please see below for comments in response to Regulatory Notice 22-08. Thank you for the opportunity to provide feedback. Definition of complex should be objective- if use of derivatives is a criterion it should be applied to all funds that do so. This suggests that more useful criteria would focus on factors like maximum risk of loss, risk of the fund not being able to meet its stated objectives, and systemic risks specifically related to the product, such as investors' inability to meet margin calls.

Let investors decide what is right for themselves - not regulators!

I have used this product both as an advisor and now as a retired advisor, but now as a regular investor.
The availability of easy products like the inverse ETF is simple to use and should not be as restrictive as it currently is.

I find it odd, that now that the bull market is struggling, here comes the big brother regulators taking away the protection investors need.

You should NOT make this more difficult for investors, you should make it easier. In fact, the entire system is bias to the long side and this feels like market manipulation to me.

I oppose restrictions on my account to my right to invest in leveraged investments. They are important to my trading strategy.

I oppose any limitations on my ability to buy Funds from ProShares.